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Uber Taxi to Launch Membership Service in Korea Next Month
Reporter Paul Lee 2025.08.27
[Alpha Biz= Paul Lee] Seoul, August 26, 2025 — Uber Taxi announced today at a press briefing held at Lotte Hotel Seoul that it wil ...

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Coupang Reports 23 Worker Deaths Since 2020, Yet Zero Cases Under Serious Accidents Punishment Act
김영택 기자 2025.08.27
[Alpha Biz= Kim Youngtaek] Seoul, August 26, 2025 — Labor unions are demanding stronger oversight of Coupang Fulfillment Services ...

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CJ Group Appoints Sun-ho Lee to Lead Future Growth Strategy at Holding Company
Reporter Kim Jisun 2025.08.27
[Alpha Biz= Kim Jisun] Seoul, August 26, 2025 — CJ Group announced today that Sun-ho Lee, eldest son of CJ Group Chairman Lee Jay- ...

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Hyundai Motor Group Expands U.S. Investment by $5 Billion, Strengthening Korea-U.S. Economic Cooperation
Reporter Kim Jisun 2025.08.27
[Alpha Biz= Kim Jisun] SEOUL/WASHINGTON D.C., August 26, 2025 — Hyundai Motor Group Chairman Euisun Chung has announced an additio ...

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LG CNS Selected to Lead 5G Private Network Expansion at Incheon International Airport
Reporter Kim Jisun 2025.08.27
[Alpha Biz= Kim Jisun] Seoul, August 26, 2025 — LG CNS has been awarded the contract to expand the 5G private network infrastructu ...

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Lotte Corporation Announces Divestment of Subsidiary Theragen Health
Reporter Kim Jisun 2025.08.27
[Alpha Biz= Kim Jisun] SEOUL, August 26, 2025 — Lotte Corporation (KRX: 004990) announced on August 26 that Theragen Health Co., L ...

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TWICE Achieves Career-High Rankings on Billboard Hot 100 and Spotify U.S. Charts
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — JYP Entertainment announced on August 25 that its girl group TWICE has achieved new ...

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Wemade Ordered to Pay KRW 9.9 Billion in Damages Following Shareholder Lawsuit
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — Wemade Co., Ltd. announced on August 25 that a court has ruled in favor of plaintif ...

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SK Innovation to Divest U.S. and French Petrochemical Units as Part of Portfolio Restructuring
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — SK Innovation has decided to sell overseas petrochemical subsidiaries in the United ...

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Preliminary Bidding for Sale of NXC Tax-Paid Shares Fails Again
Reporter Paul Lee 2025.08.26
[Alpha Biz= Kim Jisun] SEOUL, August 25, 2025 — The Ministry of Economy and Finance announced that the preliminary bidding for the ...

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Hansol Chemical Chairman Sells Stake to GS Group; National Pension Service Becomes Largest Shareholder
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] SEOUL, August 25, 2025 — Hansol Chemical announced on August 25 that Chairman Cho Dong-hyuk of Hansol Group ...

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SoftBank Significantly Reduces Stake in Coupang Amid Strategic Shift Toward AI and Semiconductors
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] SEOUL, August 25, 2025 — SoftBank, the largest shareholder of Coupang, has significantly reduced its holdin ...

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Korean Shipbuilders and Manufacturers Expand Overseas Capacity Amid Domestic Constraints
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai’ ...

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Hyundai Motor Union Secures Strike Authorization Amid Wage Talks
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] Hyundai Motor Company’s labor union has secured the legal right to strike in this year’s wage and collectiv ...

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Nature Cell to File Administrative Lawsuit Against MFDS Over Rejection of JointStem Approval
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] Seoul, South Korea – August 25, 2025 – Nature Cell Co., Ltd. announced that it will initiate an administrat ...

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Taihan Secures KRW 180.4 Billion Power Grid Project in Qatar
Reporter Kim Jisun 2025.08.26
[Alpha Biz= Kim Jisun] Seoul, South Korea – August 25, 2025 – Taihan Cable & Solution Co., Ltd. announced today that it has be ...

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Number of Companies Under Large Business Groups Declines by 12, While IT and Content Firms Expand Affiliates
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — The number of companies affiliated with Korea’s large business groups decreased by ...

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FSS Warns Securities Firms of Possible License Revocation Amid Rising IT System Failures
Reporter Paul Lee 2025.08.26
[Alpha Biz= Paul Lee] SEOUL, August 25, 2025 — The Financial Supervisory Service (FSS) has issued a stern warning to securities fi ...

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GS Engineering & Construction Sells Water Treatment Subsidiary GS Inima to UAE’s TAQA for $1.2 Billion
Reporter Kim Jisun 2025.08.25
[Alpha Biz= Kim Jisun] SEOUL, Aug. 24 — GS Engineering & Construction (GS E&C) announced today that it has signed a share ...

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Homeplus’ Pre-M&A Sale Process Faces Challenges in Securing Buyers
Reporter Paul Lee 2025.08.25
[Alpha Biz= Paul Lee] Homeplus is seeking a new owner through a pre-court approval M&A process as part of its corporate rehabi ...

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